Tennessee Real Estate Courses

National Real Estate Prep xL - PSI

Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement.

Prep xL features:

Customized study plan including daily goals that adapt based on activity throughout the system.

Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject.

Tennessee Affiliate Broker Pre-license

This course has everything needed to satisfy Tennessee's state education requirement for a real estate affiliate broker to qualify to take the state licensing exam. This 60-hour real estate affiliate broker pre-license course is an affordable, convenient way to prepare you with the knowledge needed to pass the state exam and begin a successful career in real estate.

Tennessee "The Basic" Package

"The Basic" package has everything you need to fulfill Tennessee's real estate education requirement to qualify to sit for the state exam to become a real estate salesperson This package does NOT include the 30-hour Tennessee Real Estate Pre-license Course for New Affiliates, which is required by the state to be completed prior to applying for licensure. Please see other package options if you want this course.

As an added bonus to the mandatory 60 hours, MathMaster is also included to give you a crash course on real estate math to better ensure your success!

Included:

1. Tennessee Affiliate Broker Pre-license Course: Study when you want and where you want with the mobile- and tablet-ready, hassle-free Sales Pre-license course. It has everything needed to satisfy Tennessee's state education requirement for a real estate salesperson to qualify to take the state licensing exam. This 60-hour real estate pre-license course is an affordable, convenient way to prepare you with the knowledge needed to pass the state exam and begin a successful career in real estate. Highlights include real estate law, finance, ownership, contracts and the transfer and use of property.

2. MathMaster: There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.

3. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.

4. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.

6. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.

Tennessee "The Works" Package with Virtual Study Program

Get our quality guarantee and exam prep!

This 90-hour package contains everything from "The Basic" package PLUS our National Real Estate Exam Prep which is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams.

Additional highlights include (2) 100-question practice exams (one for salesperson and one for broker). You can have confidence in your level of preparation knowing that, all in all, our exam prep features 1,000 questions on real estate content!

Tennessee "The Works" Package includes:

1. Tennessee Affiliate Broker Pre-license Course.

2. Tennessee Real Estate Pre-license Course for New Affiliates.

3. National Real Estate Exam Prep: This is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include (2) 100-question practice exams (one for salesperson and one for broker). Our exam prep features 1,000 of questions on real estate content.

4. MathMaster: There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.

5. National Virtual Study Program: Do you learn better in a live setting? The Virtual Study Program bridges the gap between live and online learning to give you added support of an expert instructor. Join this live 8-week webinar series to dive into national topics and help you to succeed on your real estate exam.

6. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.

7. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.

9. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.

Mathmaster

Math is a big part of real estate! Make sure that your skills and knowledge are up-to-date. MathMaster is designed to help you develop strong skills in real estate math--helping to ensure success on your state exam!

National Real Estate Exam Prep: The SMART Guide to Passing

Be smart. Have confidence in yourself and your real estate knowledge. With more than 20 years in the real estate education field, we applied our research, expertise and experience to build an exam prep course comprised of the major testing formats and questions found in real estate state exam testing.This includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include (2) 100 question practice exams (one for salesperson and one for broker). All in all, our exam prep covers 1,000 questions on real estate content.

National Real Estate Prep xL - PSI

Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement.

Prep xL features:

Customized study plan including daily goals that adapt based on activity throughout the system.

Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject.

ADA and Fair Housing

Protect your clients' interests and understand their rights regarding the American Disabilities Act and Fair Housing laws. This course offers in-depth insight into the ADA and Fair Housing which affect most areas of real estate.

Business Management in a Real Estate Office

Are you looking to or do you already run a real estate office? Set yourself up for success. The purpose of this course is to offer knowledge and strategy surrounding the essential aspects of the business management of a real estate office. Highlights of this real estate CE course include: human resource administration, financial management, business forecasting, budgeting, and government laws and regulations.

Ethics in Real Estate

A great refresher in ethics, this course reviews the National Association of Realtors (NAR) Code of Ethics and fulfills the mandatory NAR Ethics Renewal Training requirement. Complete with case studies and various scenarios, students will enjoy a better understanding of what is and is not ethical for real estate professionals. Highlights include decision-making exercises designed for an in-depth understanding of application in daily real estate practice.

Green Home Construction

Thinking about "going green?" The prevalence of green home construction continues to expand in the U.S. Don't you want to have a better understanding of this market? This course covers various topics in both sustainable design and green home construction including waste management, lot shopping, special safety applications, site work, and building material choices.

Green Home Features

What makes a green home green? Students will gain insight into different features included in green design. Highlights include water and energy efficiency, appliances, methods of controlling heat loss, how to conserve energy in a home, lighting, and renewable energy.

Methods of Residential Finance

Want to understand the financial component of residential real estate better? A comprehensive overview of finance for residential real estate, this course touches on a multitude of topics including FHA, VA loans, assumptions, alternative financing, conventional financing and purchase money mortgages. This course also covers legislation in regard to financing.

Prequalifying Your Buyer in Today's Market

This course provides an overview of real estate financing, and describes the different types of loans and loan programs as well as lending sources. Students will learn how to calculate debt ratios and use loan factors to complete mathematical calculations related to mortgage loans. Students will also estimate closing costs for different types of loans. The instruction is followed with a scenario for which the student will do the prequalifying computations and complete a loan comparison worksheet for the buyers in the scenario.

Pricing Property to Sell

You want your client's property to sell. You want your client to get the most they can for the property--making you get the top commission possible. However, the property will still have to undergo an appraisal for the buyer to get the mortgage approved from the lender. So how do you determine the right price? This course is designed to help you better understand the concepts of pricing property, approaches to pricing property, principles of value, replacement cost value and the application of market data.

Property Valuation: Cost Approach Overview

Using a hands-on approach to understanding valuation of a property from a cost approach standpoint, this course helps students learn by walking through various examples as the study material progresses. This course focuses on the various methods for estimating cost as well as calculating depreciation.

Property Valuation: Income Capitalization Overview

Learn all the steps included in the income approach to home and property valuation. This course dives into how to estimate rates of capitalization as well as income and expenses. Highlights include coverage of yield capitalization and direct capitalization as well as multiple examples designed specifically to help students better absorb and fully comprehend the material covered.

Property Valuation: Sales Comparison Approach

Gain insight into how the sales comparison approach to valuation works. This course takes a step-by-step look at the approach. Additionally, this course covers the process for data collections as well as different ways that adjustments can be estimated. Example problems help students to better retain and apply the information.

Real Estate Math

Math is a large component of numerous areas of real estate. This elective course helps the student understand what math calculations and formulas are included in and applicable for capitalization, property management, investments, commissions, return of investments, property costs, loans and property pricing. A hands-on course, students will enjoy the simple formulas and practice problems to better help retention.

Safety First: Crime Prevention and Self-Defense for Real Estate Pros

This course provides real estate professionals with safety tools and tips to help mitigate fear when working in the field as real estate sales professionals. The material and activities are designed to help real estate sales professionals better recognize and avoid potentially dangerous people and situations. This course will also equip real estate professionals with self-defense techniques to handle a real attack, thereby increasing self-confidence.

Short Sales and Foreclosures

This course is an overview of short sale transactions, alternatives to short sales, how short sales affect buyers, lenders and sellers, the Home Affordable Modification Program (both HAMP Tier 1 and 2 are included) and the Home Affordable Foreclosure Alternative (HAFA II/Short Sale). Highlights include defining what a licensee's role is in a short sale and how to put together the packet needed in a short sale for a lender. Additional topics include how the MARS Rule affects real estate licensees who are working with a client on a short sale, tenant rights in relation to a short sale and also the kinds of lender fraud that licensees should be on the lookout for during the process of a short sale.

Tax Advantages of Home Ownership

What types of tax benefits are unique to homeowners? This course gives the student insight into different kinds of homeowner benefits and also teaches how to calculate taxes that can affect the purchase of a home. This is an elective real estate continuing education course.

Tax Free Exchanges

Learn all about tax free exchanges. This course is an excellent introduction to the implications of tax free exchanges for investment properties in residential real estate. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange.

Green Home Construction (6 hours):
This market continues to grow every year. People are looking for ways to lower their carbon footprint as well as energy costs. Get a better understanding of what it means to “go green” when building a new home or property.

ADA and Fair Housing (4 hours):
Protect your clients' interests and understand their rights regarding the American Disabilities Act and Fair Housing laws. This course offers in-depth insight into the ADA and Fair Housing which affect most areas of real estate.

Basic Real Estate Finance (6 hours):
Get insight into some of the most important money and financial transactions in real estate. Learn more about assumptions, mortgages, loans, trust deeds, foreclosures, and more.

Prequalifying Your Buyer in Today’s Market (4 hours):
Need to learn how to do common mathematical calculations for real estate? Understand how to calculate debt ratios, use loan factors, and estimate closing costs.

Tennessee Appraisal Courses

A URAR Form Review

This course is a detailed walkthrough showing how to complete the Uniform Residential Appraisal Report (URAR). Students will learn each step of the process as the course guides them through the sections and necessary fields of the form. At completion of this appraisal CE course, students should have a full understanding of how to complete the URAR reports in compliance with USPAP.

Appraisal Math and Statistics

A true understanding of appraisal math is essential for success as a real estate appraiser. This course offers students insight into key mathematical functions including the mathematics of finance, and calculating area and statistics involved in appraisal.

Cost Approach Overview

This introductory course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. Students will learn ways to estimate depreciation and cost. The course includes various examples to ensure proper understanding and retention.

Income Capitalization Overview

This hands-on course, complete with exercises to better students' understanding and retention, gives the student an overview of how the income approach to valuation works. Lessons include estimating income and expenses as well as estimating capitalization rates. This course covers both yield capitalization and direct capitalization.

Residential Appraiser Site Valuation & Cost Approach

Strengthen your foundation and build your appraisal skills. This is a foundation course for appraisers on vacant land parcels, their valuation, how the cost approach method is used, and the fundamental concepts involved. Grow your abilities as a real estate appraiser by learning interview techniques, how to use market extraction to establish a cost estimate, and how to utilize data offered by professional cost data sources. Gain an understanding of the many cost approach applications by going from the beginning appraisal assignment all the way to the final value estimate of a property. Please note that you must complete Basic Appraisal Principles and Procedures Courses before enrolling in this course.

Residential Market Analysis and Highest and Best Use

Dive into residential market analysis. Want a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices? This course discusses in detail the three approaches regarding value in appraisal including sales comparison, cost and income capitalization. Students will gain insight into how to understand the connection between highest and best use analysis, market analysis, and the three approaches to valuation in real estate appraisal. This appraisal continuing education course has a prerequisite: completion of the Basic Appraisal Principles and Procedures Courses.

Residential Report Writing and Case Studies

This is an excellent crash-course on the numerous writing exercises that you will need to know in order to be successful as an appraiser. Want to produce professional, thorough appraisal reports? Then this course is for you! It covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. As a hands-on course, students will better retain information as they complete the included exercises such as the compiling of competent and practical narrative comments to be included in form appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports. Please be advised that this course does have a prerequisite: the completion of Basic Appraisal Principles and Procedures Courses.

Sales Comparison Approach

How does the property you are appraising stand up to recently sold properties in the same area? This course walks the student through the sales comparison approach to real estate appraisal. Learn the procedures recommended in the collection of data, as well as which way adjustments can be estimated. This course is hands-on as it includes multiple examples to help the student apply and retain the information.

2018-2019 7-Hour Equivalent USPAP Update Course

Every 2 years appraisers must complete a USPAP (Uniform Standards of Professional Appraisal Practice) update course. This course fulfills that mandatory requirement. The course addresses both new issues and questions common to appraisers in the real estate industry.

The mandatory Appraisal Foundation USPAP manual ($75 value) is included at no additional cost.

Education hours required for a real estate affiliate broker license in the state of Tennessee: 60 hours

Education hours required for a real estate broker license in the state of Tennessee: 120 hours (30 hours of which must be an office/broker management course)

Brokers licensed after January 1, 2001 must complete 120 additional hours of Commission-approved postlicense education before the third anniversary of their broker license.

Reciprocity:

Real estate commissions and boards across the country are adopting policies for a real estate agents in one state to more easily become licensed in another state. Nonresident applicants must:

• pass the Tennessee (state law) portion of the examination for the same type of license you have in your resident state;

• download a worksheet which will assist you in determining your requirements for seeking a Tennessee real estate license.

• send TREC this completed worksheet and a "Certified License History" from all the states where you hold or have held a real estate license to TREC.info@tn.gov. TREC will review requests and notify applicants of their examination requirements.

Continuing Education (CE) and License Renewal Requirements:

Real estate professionals in Tennessee must renew their real estate licenses every two years from the date of licensure. Licensees need to complete 16 hours of real estate CE classes. This includes 6 hours of core courses, which changes each renewal cycle.

Tennessee Appraisal Career

License Process for Tennessee

Tennessee Real Estate Appraisal Licensing Requirements

Learn about the appraisal education needs for licensing and renewal in Tennessee.

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Tennessee Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.

Licensure Levels

• Registered Appraiser

• Licensed Appraiser

• Certified Residential Appraiser

• Certified General Appraiser

Licensure Requirements to Become an Appraiser

• Must be at least 18 years of age

• Must have a high school diploma or its equivalent

• Must meet the educational requirement for the applying level of appraiser licensure

• Must meet the experience requirement for the applying level of appraiser licensure

• For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required

• For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required

• Satisfactory completion of the state examination (Registered Trainees are not required to take the state exam)

• 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)

Experience Requirements for Becoming an Appraiser

• Registered Trainee – No experience required

• Licensed Appraiser – 2000 hours in no less than 24 months

• Certified Residential Appraiser – 2500 hours in no less than 24 months

• Certified General Appraiser – 3000 hours in no less than 30 months with at least 1500 hours of experience in non-residential appraisals

Continuing Education Requirements for Appraiser License Renewal

• All licenses expire two years for date of issuance

• All licensees must complete 28 hours of continuing education appraiser classes during that two year cycle